HOW SCARCE IS BITCOIN?
Let's visualize what 21 million Bitcoin means...
CURRENT BITCOIN DISTRIBUTION
As of 2025, here's how the 21M Bitcoin are currently distributed...
Distribution
But what if we tried to distribute Bitcoin equally?
BITCOIN VS WORLD POPULATION
There are approximately 8 billion people in the world.
If Bitcoin was distributed equally to everyone...
1 Bitcoin = ~380 people's portion!
What if only millionaires wanted Bitcoin?
BITCOIN VS MILLIONAIRES
There are approximately 60 million millionaires in the world.
If every millionaire wanted an equal share of Bitcoin...
Not even half a Bitcoin per millionaire!
And that's assuming all Bitcoin is available (which it isn't).
BUT WHAT ABOUT OTHER TYPES OF ENTITIES?
Let's look at countries and businesses that hold Bitcoin
BITCOIN VS GOVERNMENTS
There are 195 countries in the world.
But only a handful of governments have officially reported Bitcoin holdings.
| Country | Flag | # of BTC | % of 21M |
|---|---|---|---|
| USA | 🇺🇸 | 207,189 | 0.987% |
| China | 🇨🇳 | 194,000 | 0.924% |
| UK | 🇬🇧 | 61,000 | 0.29% |
| Ukraine | 🇺🇦 | 46,351 | 0.221% |
| Bhutan | 🇧🇹 | 13,029 | 0.062% |
| El Salvador | 🇸🇻 | 6,089 | 0.029% |
| Finland | 🇫🇮 | 1,981 | 0.009% |
| Georgia | 🇬🇪 | 66 | 0.0% |
| Germany | 🇩🇪 | 0 | 0.0% |
Many major governments don't own any Bitcoin!
Governments like France, Spain, Italy, The Netherlands, and many other large economies don't appear on this list yet.
What about businesses?
BITCOIN VS BUSINESSES
There are approximately 359 million companies worldwide.
What if each business wanted to own Bitcoin?
TOP 10 COMPANIES HOLDING BITCOIN
These 10 companies alone hold 628,932 BTC (3% of total supply)
| Company | Flag | BTC |
|---|---|---|
| Microstrategy, Inc. | 🇺🇸 | 506,137 |
| MARA Holdings, Inc. | 🇺🇸 | 46,374 |
| Riot Platforms, Inc. | 🇺🇸 | 18,692 |
| Tesla, Inc. | 🇺🇸 | 11,509 |
| CleanSpark, Inc. | 🇺🇸 | 11,177 |
| Hut 8 Mining Corp | 🇨🇦 | 10,273 |
| Coinbase Global, Inc. | 🇺🇸 | 9,480 |
| Block, Inc. | 🇺🇸 | 8,485 |
| Bitcoin Group SE | 🇩🇪 | 3,605 |
| Metaplanet Inc. | 🇯🇵 | 3,200 |
US SMALL BUSINESSES
(There are more small businesses in the US alone than total Bitcoin)
Businesses are just beginning to adopt Bitcoin!
If companies start adding Bitcoin to their treasuries, demand will far exceed supply.
WHAT ABOUT PHYSICAL ASSETS?
Let's compare Bitcoin to land and real estate
BITCOIN VS LAND MASS
There are approximately 148 million square kilometers of land on Earth.
That's 36,556 million acres. How much would 1 acre of land be in Bitcoin?
1 BITCOIN = 1742 ACRES
That's a little over 2 central parks.
WHAT 1 BITCOIN REPRESENTS
What about commercial buildings?
BITCOIN VS COMMERCIAL REAL ESTATE
There are approximately 300 billion square feet of commercial real estate worldwide.
How much would a square ft of commercial real estate be in Bitcoin?
1 BITCOIN = 14,285 SQFT OF COMMERCIAL REAL ESTATE
That's enough for a small office building or retail store.
COMMERCIAL BUILDING TYPES
What about residential housing units?
BITCOIN VS HOUSING UNITS
There are approximately 2.3 billion housing units in the world.
If we assigned one Bitcoin to each housing unit...
FLIPPING THE PERSPECTIVE
That's enough homes for an entire neighborhood or small village.
What about all the cars in the world?
BITCOIN VS CARS
There are approximately 1.4 billion cars in the world.
If we assigned one Bitcoin to each car...
FLIPPING THE PERSPECTIVE
That's enough cars to fill a large parking lot or car dealership.
WHAT ABOUT OTHER COMMODITIES?
Let's compare Bitcoin to gold, silver, and oil
BITCOIN VS COMMODITIES
How does Bitcoin's scarcity compare to precious metals and other commodities?
GOLD
1 BITCOIN
= 333 ounces of gold
(if Bitcoin matched gold's total value)
10 KILOGRAMS
of gold per Bitcoin
(about 27 gold bars of 10oz each)
SILVER
1 BITCOIN
= 83 kilograms of silver
(That's about 2,667 troy ounces)
OIL
1 BITCOIN
= 75,000 barrels of oil
(Enough to power a small city for weeks)
Bitcoin is scarce compared to all major commodities!
And unlike physical commodities, Bitcoin can't be inflated by new discoveries.
THAT'S JUST THE BIG STUFF
We didn't even include:
...and much more!
THE POWER OF ONE BITCOIN
It's not just one thing into Bitcoin. It's everything into Bitcoin.
The game of musical chairs has begun.
8 billion people, only 21 million Bitcoin.
FIXED SUPPLY
Only 21 million will ever exist.
Study Bitcoin.